← Business Studies syllabus

Northern IrelandBusiness Studies

Unit 2 Business Growth

2 dot points across 2 inquiry questions. Click any dot point for a focused answer with worked past exam questions where available.

Why do some businesses succeed and others fail?

Business success and failure: how success is measured, the internal and external causes of business success, and the main reasons businesses fail.
A CCEA GCSE Business Studies guide to business success and failure. Covers how success can be measured, the internal and external factors that help a business succeed, and the main causes of business failure such as poor cash flow, weak management, lack of demand and strong competition.
12 min answer →

How do businesses grow, and what are the benefits and risks of getting bigger?

Methods of business growth: internal (organic) growth and external growth through merger and takeover, the types of integration, and the benefits and drawbacks of growth including economies of scale.
A CCEA GCSE Business Studies guide to methods of business growth. Covers internal or organic growth and external growth through mergers and takeovers, the types of integration, economies of scale, and the benefits and drawbacks of a business getting bigger.
13 min answer →